On this tab, you can select the fixed asset associated with the inventory item specified on the Inventory tab. For each fixed asset, you can specify the accounting parameters for this fixed asset's depreciation.
Note. To link the inventory items listed on the Inventory tab with specific fixed asset, you must create a master record for this fixed asset first. If you purchased or created multiple identical units of the item which will be used as fixed assets, you must create a unique name and assign a unique ID to each unit of this item, that is you must create a separate fixed asset master record for each unit.
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In the Class field, select the appropriate class of non-current asset class assets for the fixed asset.
In the The Initial Cost field , enter is automatically populated with the initial cost of the fixed asset.
In the Depreciation methodMethod field, you can select one of the following depreciation methods available:
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A check box selected in the Depreciate field indicates that for this asset the system will calculate depreciation in accordance with the selected method until the asset will be disposed of or fully depreciated. By default, the depreciation starts in the month next to the date of the document.
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